NONGSHIM Noksan New Factory

Nongshim's new Noksan factory will be built on the available land of the existing Noksan factory, which is a dried noodle production facility. The factory will be constructed on approximately 17,000㎡ of land with a total floor area of about 51,000㎡, with groundbreaking scheduled for the first half of 2025 and completion targeted for the first half of 2026. The company will invest 191.8 billion won in establishing the factory, which will have the capacity to produce 500 million instant noodles annually. From the second half of 2026, when the factory begins full operation, Nongshim's annual production capacity for export-oriented instant noodles is expected to reach 1 billion units combined with the existing Busan factory.